Villas at Buckingham Lake $550,000

Lake Acreage For Sale

Approximately 1,165 feet of frontage on Buckingham Lake
• Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills, and Longs Peak
• Abundant recreational opportunities in the area including Boedecker Lake, Mariana Butte Golf
Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space
• Convenient access to Rocky Mountain National Park and Estes Park via US Highway 34 (West
Eisenhower Boulevard)
• Minutes from Downtown Loveland restaurants, shopping, and entertainment
• Multiple grocery stores in area including King Soopers and Safeway
Estimated ten (10) lakefront duplex lots fronting Buckingham Lake with foothills and Boedecker
Lake views
• Estimated cost to develop including water dedication of $149,976 per lot
• Market survey of paired homes with lake frontage along Buckingham Lake range from $910,000
to $1,100,000 and paired home backing to West 1st Street of $875,000
• Estimated lot to home price based on 30% ratio indicates finished lot value above $262,500
Annexed and zoned into the City of Loveland to build a single family home as a residential
Planned Unit Development (PUD) known as Mariana Butte 24th Subdivision in the City of
Loveland
• Little Thompson Water District (LTWD) Water tap available in street on West 1st Street
• Engineers estimated cost to develop as finished lot without landscaping of $116,218
• Estimated LTWD "Cash-in-Lieu" fee of $148,500 excluding water tap fees